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alstry (35.42)

Bernanke Has Made A Mockery Out Of Money

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November 19, 2010 – Comments (4)

Now he wants to change the name of Quantitative Easing?

The Press will have a field day with this....and you are already seeing it.  We are now as a country making fun of our own money....the money Americans give up their lives for each day to earn.  Never before has this happened in American history.......never before have we emasculated money.

The money that is the consideration in most contracts.

The money that we use to keep score with........

The game is about over now that our money has become nothing more than a joke......the question is now, what will the new game be as contracts written in dollars could be void?

Welcome to the Digital Age......

4 Comments – Post Your Own

#1) On November 19, 2010 at 4:36 PM, davejh23 (< 20) wrote:

Bernanke said that China's actions will put an end to our "tepid recovery"...in other words, we will see a "double dip".  The Fed is a bully that can't understand why those they pick on would try to retaliate in any way.

Then, he pretty much suggests that we need a global currency.  Wouldn't this leave the Fed more impotent than they already are?...would they even exist after the institution of a new currency?  I don't think our Treasury would even exist in it's current form.

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#2) On November 19, 2010 at 4:46 PM, alstry (35.42) wrote:

As more and more Americans lose trust in Bernanke...we have a serious and unprecedented legal problem.......

If the public loses trust in money and money is a fraud....then contracts using money as consideration will be void....and the issue of property rights will be up in the air.

The logic goes like this.....if bankers are God.....and in God we trust.......and we no longer trust bankers.......then we can't trust money......and we can't enforce contracts.....and we have a mess.

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#3) On November 19, 2010 at 5:18 PM, blesto (31.85) wrote:

davejh23

If a world currency happened it would destroy the treasury, but the Fed would just become another branch of the IMF or something.

But first have you ever heard of the Amero?  Some think it's just a joke....

....or is it?

Everything in small steps so no one suspects until to late.

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